Chicago, IL 60623 1500 S Lawndale Avenue
$619,900
22 more
Presented By: Chicago Real Estate Authority
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 6
Home Details
1500 S. Lawndale is a recently remodeled and upgraded 9-unit building plus a nonconforming 10th apartment! Currently configured with a pair of big 3BR 1BA units, 6 nicely sized 2BR/1BA apartments, a compact 1/1 and a cozy studio located in the former retail storefront (now legalized as ADUs). PLEASE NOTE: The storefront units are framed-out and require completion. All units are separately metered and the property boasts a new (2 yr) roof, plumbing, electrical, individual GFAs and original stained hardwood flooring. This building is being sold 'as-is' with no city violations. There's a LOT of rental upside and equity creation potential for the right value-add investor!
Presented By: Chicago Real Estate Authority
Interior Features for 1500 S Lawndale Avenue
Other Interior Features
BasementPartially Finished
General for 1500 S Lawndale Avenue
Additional Parcels Y/NNo
CityChicago
ContingencyFinancing
CountyCook
Current UseMulti-Family
Days on Market7
DirectionsWhen heading west on I-290 W take exit 26A toward Independence Boulevard, merge onto W Congress Pkwy, turn left onto S Independence Blvd, turn right onto S Hamlin Ave, turn left onto W 15th St, turn right
Electric Expense
Fuel Expense
Gross Income
Insurance Expense5546
Lot Size Square Feet3406
MLS AreaCHI - North Lawndale
MaintenanceExpense
Net Operating Income
NumberOfUnitsTotal10
Operating Expense0
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount9076
Tax Year2022
Tenant PaysElectricity, Heat, Sewer
TownshipWest Chicago
Trash Expense0
Water Sewer Expense0
Year Built1911
Exterior for 1500 S Lawndale Avenue
ExteriorBrick, Stone
Lot Dimensions3406
Lot Size Acres0.07
Additional Details
Price History
